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Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
3 possible reasons why Polkadot is playing second fiddle in the L1 race
22.1.2022
The timing of parachain auctions and the lack of interoperability with Ethereum may have impacted Polkadot’s token price and its competitiveness against other layer-1 protocols
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
22.1.2022
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain...
Ethereum, Altcoins Extend Losses Against Bitcoin as BTC Tests USD 35K Zone
22.1.2022
On Saturday, the crypto market dropped further, with bitcoin (BTC) reaching price levels last seen in July 2021, while ethereum (ETH) extended its losses against BTC....
Read More: Ethereum, Altcoins Extend Losses Against Bitcoin as BTC Tests USD 35K Zone
Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market
22.1.2022
The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other...
Altcoin Roundup: 3 emerging P2E gaming trends to keep an eye on in 2022
22.1.2022
The hype that sparked rapid growth in blockchain-based play-to-earn games in 2021 has begun to dissipate, but here are three projects focused on bringing fresh blood to the ecosystem
Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market
21.1.2022
BTC price dropped to new lows at $36,000, leading analysts to call for a “Hail Mary close above $39,600” to stave off a bearish shift in Bitcoin’s market structure
Crypto Market Slides as Stocks Get Hammered, Bitcoin Falls Below Key Support
21.1.2022
The crypto market continued lower over the past 24 hours following a selloff led by technology stocks in the US on Thursday. The falling prices were accompanied by liquidations across the crypto market, with one analyst saying the leverage flush-out could potentially set the market up for...
Hoo AMM Pool Launched, New Access to Increase User Yields
21.1.2022
PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity...
3 wildest theories explaining $500B crypto market crash
21.1.2022
Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reason behind $500 billion crypto market wipe off
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
21.1.2022
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire...
Bitcoin and Ethereum Struggle to Recover, Altcoins Drop in Double Digits
21.1.2022
Bitcoin price started a strong decline below USD 41,200. BTC settled below USD 40,000 to move into a bearish zone. It is currently (11:59 UTC) consolidating losses near USD 39,900 and remains at a risk of more downsides below USD 38,500.
Similarly, most major altcoins are down over 6%....
Bitcoin Plummeted by 11.5% in 12 Hours! Here’s How to Profit in Bear Market
21.1.2022
The crypto market is once again painted in red. In the past 12 hours, the crypto market cap has fallen from $2.15 trillion to $1.92 trillion, according to CoinGecko. And Bitcoin (BTC)’s price is no less than a suspense thriller movie these days. On January 20, it plunged from $43,500 to $38,500...
Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red
21.1.2022
Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolidating losses near USD 38,700.
Similarly, most major altcoins declined...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
OpenDAO (SOS), LooksRare (LOOKS) and WTF token: 3 airdrops, with 1 scam
21.1.2022
NFT investors are demanding that marketplaces recognize and give value to their users, prompting competitors like LOOKS, SOS and WTF to launch ambitious vampire attacks on OpenSea
Bitcoin and Ethereum Attempt Recovery, Hurdles Nearby
20.1.2022
Bitcoin price is attempting a recovery wave above the USD 42,000 level. BTC is currently (04:00 UTC) facing resistance near USD 42,500. A clear break above USD 42,500 might start a steady increase in the near term.
Similarly, most major altcoins are slowly rising. ETH is facing a major hurdle near...
Breaking 'bear market' in Bitcoin demand will spark next BTC price surge — analysts
20.1.2022
Several well-known pundits agree on the power of a potential shake-up in supply and demand for Bitcoin this year
CRO Jumps as Crypto.com Releases USD 34M Hack Report
20.1.2022
CRO, the native token of major crypto exchange Crypto.com, is moving up today, as the company published a report detailing the recent attack and the loss of almost USD 34m -- adding that it has reimbursed the affected users.
"The incident affected 483 Crypto.com users. Unauthorized withdrawals...
Bitcoin and Ethereum Still Range-Bound, ADA Keeps Diving, FTT Rallies
20.1.2022
Bitcoin price remained in a bearish zone below the USD 42,000 level. BTC even traded close to USD 41,000 before correcting higher. It is currently (04:18 UTC) trading near USD 42,000, but there is a crucial resistance forming near USD 42,500.
Similarly, most major altcoins are facing hurdles....